NEW YORK, March 15, 2013 /PRNewswire/ -- Summit Business Media announced that its website, PropertyCasualty360.com, received the Neal Award for Best News Coverage for its extensive, multi-media coverage of Superstorm Sandy. PropertyCasualty360.com accepted the award from American Business Media (ABM) during the ceremony in New York City earlier this week.

Also referred to as "the Pulitzer Prize of the business press," the Neal Awards are the industry's most prestigious and sought-after editorial honors. ABM established the awards in 1955 to recognize and reward editorial excellence in b-to-b media.

"Superstorm Sandy wreaked havoc on hundreds of thousands of East Coast residents, creating unparalleled challenges for the P&C insurance industry to help these citizens rebuild their lives and livelihoods," said Jeff Patterson, president of Summit Business Media's Insurance Group. "Thanks to the passion, dedication and insight of our PropertyCasualty360.com editorial team, our audiences got an inside look at how their industry rallied to meet those challenges. We are delighted that the Neal Awards judges recognized the quality and value of our team's coverage."

PropertyCasualty360.com, Neal Award Winner:

BEST NEWS COVERAGE –Coverage included two dozen original news reports in the first week, real-time updates about the damage and the P&C industry's immediate response. Comprised of more than 100 Sandy stories, including slideshows, revealing infographics, and a video of the destruction on Staten Island.Special Coverage: Superstorm Sandy

Several other Summit Business Media brands were recognized as finalists:

Investment Advisor, AdvisorOne.com

BEST CROSS‐PLATFORM PACKAGE –Comprised a survey of 1,000 advisors, a multitude of executive interviews, four in-depth print articles, a live roundtable with four key experts and additional written and video content on AdvisorOne."Pursuing Practice Excellence"

BEST VIDEO –Productions included visits to locations such as zoos, funeral homes and disaster-research centers that tell visually compelling stories that enrich insurance professionals' understanding of the industry.Video Reports

PropertyCasualty360.com

BEST WEBSITE – Since its launch in January 2011, PropertyCasualty360.comhas been recognized by BtoB Media Business Magazine as one of the Top 10 Great Media Sites in 2011, won a Gold National Azbee for Best New or Relaunched Website in 2011, won a FOLIO: Silver Eddie for Best B-to-B Website in 2012, and was a Neal finalist for Best Website.

About Summit Business MediaSummit Business Media is the leading B2B media and information company serving the insurance, financial services, legal and investment advisory markets. Summit strives to be "The Next Generation of Business Information" for executives and practitioners by providing breaking news and analysis, in-depth practice management strategies, business-building techniques and actionable data. Summit services the information needs of its customers through numerous channels, including digital, print, and live events. For more information, please visit summitbusinessmedia.com.